Rajasthan Tube Manufacturing Company Ltd - Stock Valuation and Financial Performance

BSE: 530253 | NSE: | Steel & Iron Products | Small Cap

Rajasthan Tube Mfg Share Price

34.15 0.65 1.94%
as on 15-May'25 16:59

DeciZen - make an informed investing decision on Rajasthan Tube Mfg

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Rajasthan Tube Manufacturing Company stock performance -

mw4me loader
P/E Ratio (SA):
309.45
Market Cap:
151 Cr.
52-wk low:
2.6
52-wk high:
33.5

Is Rajasthan Tube Manufacturing Company Ltd an attractive stock to invest in?

1. Is Rajasthan Tube Manufacturing Company Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rajasthan Tube Manufacturing Company Ltd is a below average quality company.

2. Is Rajasthan Tube Manufacturing Company Ltd undervalued or overvalued?

The key valuation ratios of Rajasthan Tube Manufacturing Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Rajasthan Tube Manufacturing Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rajasthan Tube Manufacturing Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rajasthan Tube Mfg:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rajasthan Tube Manufacturing Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 1.6%6.1%2.9%12.4%8.2%-5.9%10.8%11.5%10.8%10.7%-
Value Creation
Index
-0.9-0.6-0.8-0.1-0.4-1.4-0.2-0.2-0.2-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 92.280.873.977.376.741.442.353.299.994.956
Sales YoY Gr.--12.4%-8.7%4.6%-0.7%-46%2.1%25.8%87.9%-5%-
Adj EPS -0.50.1-0.30.10-0.70.10.10.20.20.1
YoY Gr.-NA-660%NA-87.5%-6700%NA33.3%75%-23.8%-
BVPS (₹) 2.12.11.81.91.91.31.31.51.71.81.9
Adj Net
Profit
-2.30.2-1.30.40.1-30.40.610.70
Cash Flow from Ops. 3.11.85.24-3.97.75.3-2-0.78.3-
Debt/CF from Ops. 6.511.73.33.8-5.21.81.9-7-22.91-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.3%4.4%30.9%-5%
Adj EPS NA74.1%21.1%-23.8%
BVPS-1.2%-0.7%11.2%9.5%
Share Price 33.2% 93.2% 161% 907.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-21.92.5-14.44.50.6-42.27.38.913.59.15.8
Op. Profit
Mgn %
0.72.31.142.9-3.34.84.12.42.43.2
Net Profit
Mgn %
-2.50.3-1.70.50.1-7.211.110.80.9
Debt to
Equity
2.22.22.11.82.42.51.72.12.11.10
Working Cap
Days
1421661731371342281501369399136
Cash Conv.
Cycle
807778779415510689605936

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.94%

Net Profit is growing at healthy rate in last 3 years 21.14%

Debt to equity has declined versus last 3 years average to 1.05

Return on Equity has declined versus last 3 years average to 5.80%

Sales growth is not so good in last 4 quarters at -42.29%

Latest Financials - Rajasthan Tube Manufacturing Company Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 56.3 -
BVPS (₹.) 1.9 -
Reserves (₹ Cr.) 4 -
P/BV 17.22 -
PE 309.45 -
From the Market
52 Week Low / High (₹) 2.60 / 33.50
All Time Low / High (₹) 0.12 / 32.85
Market Cap (₹ Cr.) 151
Equity (₹ Cr.) 4.5
Face Value (₹) 1
Industry PE 23.9

Management X-Ray of Rajasthan Tube Mfg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

No data found!

Key Ratios of Rajasthan Tube Mfg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales928174777741425310095
Operating Expenses 92797374744340519793
Manufacturing Costs1111111111
Material Costs89777172734139499591
Employee Cost 1111110011
Other Costs 0000000000
Operating Profit 12132-12222
Operating Profit Margin (%) 0.7%2.3%1.1%4.0%2.9%-3.3%4.8%4.1%2.4%2.4%
Other Income 0000000000
Interest 3332221111
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax -2-1-210-31111
Tax 0-1-10000000
Profit After Tax -20-100-30111
PAT Margin (%) -2.5%0.3%-1.7%0.5%0.1%-7.2%1.0%1.1%1.0%0.8%
Adjusted EPS (₹)-0.50.1-0.30.10.0-0.70.10.10.20.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 9989966788
Share Capital 4444444444
Reserves 5544412234
Minority Interest0000000000
Debt202117152014913158
Long Term Debt0000003321
Short Term Debt202117152014610137
Trade Payables10141255307511
Others Liabilities 200-1-1-11000
Total Liabilities 42453827332216272727

Fixed Assets

Gross Block9999999999
Accumulated Depreciation7777778888
Net Fixed Assets2222222112
CWIP 0000000000
Investments 0000000000
Inventories222319121576171517
Trade Receivables910111012105596
Cash Equivalents 2111000000
Others Assets7953443323
Total Assets 42453827332216272727

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3254-485-2-18
PBT -2-1-210-31111
Adjustment 3222221111
Changes in Working Capital 3051-693-4-36
Tax Paid 0000000000
Cash Flow From Investing Activity 0001000000
Capex 0000000000
Net Investments 0001000000
Others 0000000000
Cash Flow From Financing Activity -3-2-5-53-8-521-8
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000030-2-2
Interest Paid -2-2-2-2-2-1-1-1-1-1
Dividend Paid 0000000000
Others -10-3-25-6-734-5
Net Cash Flow 0000000000
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-21.882.47-14.424.540.57-42.157.258.9113.529.14
ROCE (%)1.66.062.9212.378.24-5.9110.8311.4810.7910.71
Asset Turnover Ratio2.352.021.932.442.531.52.222.473.673.47
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A-2-18
Working Capital Days
Receivable Days37404848529562332629
Inventory Days83939572659858805861
Payable Days41596944253614272432

Rajasthan Tube Manufacturing Company Ltd Stock News

Rajasthan Tube Manufacturing Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rajasthan Tube Mfg on 15-May-2025 16:59 is ₹34.15.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 15-May-2025 16:59 the market cap of Rajasthan Tube Mfg stood at ₹151.0.
The latest P/E ratio of Rajasthan Tube Mfg as of 15-May-2025 16:59 is 309.4.
The latest P/B ratio of Rajasthan Tube Mfg as of 15-May-2025 16:59 is 17.22.
The 52-week high of Rajasthan Tube Mfg is ₹33.50 and the 52-week low is ₹2.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rajasthan Tube Mfg is ₹56.34 ( Cr.) .

About Rajasthan Tube Manufacturing Company Ltd

Rajasthan Tube Manufacturing Company (RTMCL) was incorporated in 1985. The company has carved an unparalleled position in the global market by making a relentless endeavour to cater to its clients with premium quality pipes and tubes.

The company is a leading manufacturers and exporter of steel pipes and tubes, black steel tubes, galvanised steel tubes, steel square tubes, HR sheets, CR sheets, cold drawn steel tubes, etc.

RTMCL also manufactures RPVC pipes, elastomeric ring fit and HDPE pipes.

The company is committed to elevate the standards of its products and services to offer customer satisfaction through excellence in quality.

Its registered office is located at 404, Shekhawati Complex, Station Road, Jaipur. The company's factory is located at B-61, Ambaji Industrial Area, Abu Road (Sirohi), Rajasthan

The shares of the company are listed on the Jaipur Stock Exchange, Bombay Stock Exchange and Delhi Stock Exchange.

The pipes manufactured by the company are sold under the brand name of 'RTL' and are well accepted in the national and international markets. The company supplies finest quality of steel from Essar Steel and zinc from Hindustan Zinc (HZL) goes for its production.

Products

  • ERW Steel Black Pipes
  • ERW Steel Galvanized Pipes
  • ERW Steel Square Pipes
  • Hot Rolled Steel Sheets
  • Cold Rolled Steel Sheets
  • Cold Drawn Steel Tubes
  • Galvanized Sheets and Plates
  • Galvanized Corrugated Sheets
  • RPVC Pipes
  • Elastomeric Ring Fit Pipes
  • HDPE Pipes
Read More Read Less
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